Asked by Christian
For abnormal goods, how will supply behave when price increases and when price decreases
Answers
Answered by
Peer Tutor
Uhh For example there are 50 pineapples at the store and the price of the pineapples are $2.00! The price is low because there is plenty of supplies! Now there are 25 left and the price goes up to $3.00. So the whole point is that the less supplies there are the higher the price!
Answered by
Peer Tutor
Hope this helps!!
Answered by
Ndifor clauvis
For abnormal goods how will price be if supply increases or decrease
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.